How To Download ITR-V Acknowledgement?
ITR-V is a single-page document that taxpayers, who file ITR without using a digital signature, can download from the income tax e-filing portal. The purpose of ITR-V is to act as an ITR acknowledgement slip and verify the legitimacy of each taxpayer’s e-filing.
Keep reading further to gather more information on ITR-V Acknowledgement and how to download it.
Step-by-step Guide to Download ITR-V Acknowledgement
If you file income tax returns without a digital signature, you will have to follow these easy steps to download ITR-V:
Step 1: Go to the new e-filing portal of the Income Tax Department.
Step 2: Log in using your user ID and password. If you are a new member, you will have to register and fill out some details.
Step 3: After logging in, select ‘e-File’ from the top navigation bar. From the ‘Income Tax Returns’ option, click on ’View Filed Returns.’
Step 4: A new page will open up. Here, select the acknowledgement number and click on ‘download form.’
Step 5: If you have not e-verified your income tax returns after downloading ITR-V, then print, sign, and send the form to the Central Processing Centre Bengaluru within 120 days of e-filing.
Also Read: How To Use Online Income Tax Calculator?
E-verification of ITR
If you do not want to send a physical copy of ITR-V to CPC, Bengaluru, you can also choose to e-verify your income tax returns. To e-verify, you need to follow these steps:
Step 1: Log into the e-filing account.
Step 2: Find the e-File option present on the top navigation bar. Select Income Tax Returns and click on e-Verify Return from the dropdown menu.
Step 3: Now, you can select an e-verification method. Some popular e-verification methods are as follows:
- Aadhaar OTP
- Net banking
- Bank account
- Demat account
- Bank ATM
- Digital Signature Certificate
Step 4: Upon selecting your preferred method, you need to fill in your CVC/CVV. After this, press on ‘Submit.’
Step 5: After successful submission, a confirmation message will appear on the screen. It will include your transaction ID and Electronic Verification Code. Download this document and save a copy of the ITR acknowledgement for future reference.
Important Details Regarding ITR-V
If you did not file your income tax returns using a digital signature, then you will have to download and send ITR-V by following the steps mentioned above. However, while you do so, you should keep the following things in mind:
- If you are sending the ITR-V form via post to CPC, Bengaluru, then each envelope can only hold one form.
- The envelope has to be white, and the form needs to be in A4.
- If you fail to submit ITR-V (through post or EVC) within 120 days, you will receive a notice from the Income Tax Department.
- The signature on the form should be in blue ink. Furthermore, the signature should be original and not photocopied or scanned.
- The form needs to be legible and printed in black. Use only an inkjet or laser printer to print it out.
- Do not sign on the barcode or the number below it
- One needs to send the form via speed post or ordinary post. Avoid using courier as an option.
- Do not use a stapler for ITR-V acknowledgement, and do not fold the form.
- Along with ITR-V form, do not submit annexures, covering letters, or pre-stamped envelopes.
Note that failure to follow these instructions will lead to the unsuccessful submission of the ITR-V form.
Also Read: How To File Income Tax Return Using New Income Tax Filing Portal?
How to Check Status of ITR-V Form?
It is possible that your post containing the ITR-V form gets misplaced or the CPC somehow does not receive the form. Thus, taxpayers need to track the status of ITR verification regularly. You can do so by —
- Checking for an acknowledgement mail. After the CPC receives your post, it will send an acknowledgement to your registered email ID. As this mail can end up in the spam folder, taxpayers should regularly check their spam emails.
- If you do not receive an acknowledgement within 2-3 weeks, go to the e-filing portal. Under the ‘Services’ tab, you can check the status using PAN, assessment year, and the e-filing acknowledgement number.
- Lastly, you can also call CPC Bengaluru on the toll-free number — 1800-4250-0025.
Final Word
The last step of the ITR filing process is verifying the ITR. By downloading and submitting the ITR-V form, taxpayers allow the government to verify their identity. Thus, it is not just crucial for completing the ITR filing process, but it also helps in carrying forward the efficiency of the Indian tax system.
FAQs On ITR-5 Acknowledgement
Ans: Yes, it is compulsory for assessees in India to verify income tax returns by submitting an ITR-V form. One can do so by sending a physical form to CPC, Bengaluru. Alternatively, taxpayers can opt for e-verification using various methods.
Ans: The Income Tax Department might send a non-submission notice upon failure to submit the ITR-V form within 20 days of e-filing. Note that your income tax returns are not valid until you do not submit this form.
Ans: Generally, the whole process of ITR verification can take up to 35 to 40 days. This goes for e-verification and submitting ITR-V to the CPC. However, during peak ITR filing times, the process might take longer as well.
Ans: There is no need to worry if you lose your ITR-V form. You can simply download another form from the e-filing portal and refill it. However, you cannot use a photocopy of the original form for ITR verification.
Ans: Whether you are using e-verification mode or physically sending the ITR-V form, you do not have to attach any other document. If you are sending the form via post, ensure that there are no pre-stamped envelopes or annexures attached to it.
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This article has been prepared on the basis of internal data, publicly available information and other sources believed to be reliable. The information contained in this article is for general purposes only and not a complete disclosure of every material fact. It should not be construed as investment advice to any party. The article does not warrant the completeness or accuracy of the information, and disclaims all liabilities, losses and damages arising out of the use of this information. Readers shall be fully liable/responsible for any decision taken on the basis of this article.
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